Mortgage and Financial News From 2008-1-10 Page 64

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  • Bank holds interest rates at 5.5% - The Press Association

    Bank holds interest rates at 5.5%The Press Association - 9 minutes agoThe Bank of England has ignored high street pleas to cut interest rates for the second month in a row, keeping borrowing costs on hold at 5.5%. ...
    2008-01-10 05:50:31

  • JCPenney Reports December Sales - WELT ONLINE

    JCPenney Reports December SalesWELT ONLINE, Germany - 9 minutes ago... and postal rates, changes in the cost of fuel and other energy and transportation costs, competition and retail industry consolidations, interest rate ...
    2008-01-10 05:50:52

  • Retailers Had Weak Sales in December - The Associated Press

    Retailers Had Weak Sales in DecemberThe Associated Press - 9 minutes agoOn Friday, the Labor Department's jobs report showed that hiring practically stalled in December, driving the nation's unemployment rate up to a two-year ...
    2008-01-10 05:51:00

  • Jobless Claims Fall Last Week - The Associated Press

    Jobless Claims Fall Last WeekThe Associated Press - 9 minutes agoThe bad December unemployment and a string of other data pointing to economic weakness have raised the odds that the Federal Reserve will cut interest rates ...
    2008-01-10 05:51:03

  • US won't fall into recession as overseas business will offset ... - CNNMoney.com

    US won't fall into recession as overseas business will offset ...CNNMoney.com - 8 minutes agoSchomer said the only time the US economy went into a recession was when the Federal Reserve did not cut interest rates. 'But in 2007 we have seen quite a ...
    2008-01-10 05:51:47

  • Massmart sales reflect slowdown - Fin24

    Massmart sales reflect slowdownFin24, South Africa - 8 minutes ago... was the sector that has been hardest hit banks' onslaught of credit and the consequent rise in debt reservicing costs owing to higher interest rates. ...
    2008-01-10 05:52:08

  • Franc Rises Against Yen - RTT News

    Franc Rises Against YenRTT News, NY - 7 minutes agoThe nine-member Monetary Policy Committee of the central bank voted unanimously to cut the key interest rate by 25 basis points to 5.5% in December. ...
    2008-01-10 05:52:21

  • Swiss Franc Strong Against Euro - RTT News

    Swiss Franc Strong Against EuroRTT News, NY - 7 minutes agoThe pair moved as the European Central Bank maintained its key interest rate at a six-year high of 4%. The interest rate on the marginal lending facility ...
    2008-01-10 05:52:22

  • Interest rates held at 5.5% - Building.co.uk (subscription)

    Interest rates held at 5.5%Building.co.uk (subscription), UK - 6 minutes agoBy Tom Bill A bad week for housebuilders continued today with the Bank of England’s decision to hold the interest rate at 5.5%. The move follows downbeat ...
    2008-01-10 05:53:42

  • November manufacturing output up - iAfrica.com

    November manufacturing output upiAfrica.com, South Africa - 4 minutes agoA negative annual growth rate was previously recorded in 2003. Analysts have noted that the combination of a strong rand and rising interest rates are not ...
    2008-01-10 05:56:00

  • Retailers Report Weak December Sales Results (KDKA Pittsburgh)

    An already weak holiday shopping season turned out to be even worse than expected for many of the nation's retailers, who reported Thursday they had disappointing sales results for December. The poor performance raised more concerns about consumer spending, and in turn, the health of the economy.
    2008-01-10 05:53:40

  • Jobless Claims Fall Last Week (AP via Yahoo! Finance)

    The number of newly laid off workers filing claims for unemployment benefits unexpectedly fell last week although the decline was not viewed as evidence of an improving job market.
    2008-01-10 05:55:05

  • Credit worries send stocks futures down (AP via Yahoo! News)

    Wall Street appeared headed for a lower open Thursday after a profit warning from Capital One Financial Corp. raised concerns about a spread of the turmoil in the credit markets.
    2008-01-10 05:55:50

  • Retailers Report Sluggish Sales (NBC 5 Chicago)

    An weak holiday shopping season turned out to be even worse than expected for many of the nation's retailers, who reported Thursday they had sluggish sales results for December
    2008-01-10 05:57:07

  • (AFX UK Focus) 2008-01-10 13:29 GMT: Forex - Euro weakens against dollar after ECB leaves interest rates unchanged (Interactive Investor)

    LONDON (Thomson Financial) - The euro weakened against the dollar after the European Central Bank's decision to leave interest rates on hold at 4.00 pct.
    2008-01-10 05:57:50

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